28 Jun Insurers turn to artificial intelligence in war on fraud

The staggering level of criminality costs us all, adding $400 to $700 a year to premiums we pay for our homes, cars, and healthcare. There are simply not enough investigators to put a significant dent in the criminality, so the industry is turning to the machines.

Insurers turn to artificial intelligence in war on fraud

(By Steven Melendez, Fast Company, June 26, 2018)

From bogus claims to shady brokers, insurance fraud costs companies and their customers more than $40 billion a year…

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